Mazagon Dock declares ₹5 interim dividend; sets Nov 3 record date

Mazagon Dock Shipbuilders Ltd announced an interim dividend of ₹5 per equity share for FY 2026-27, approved by the Board on October 27, 2026. The record date for determining eligibility is November 3, 2026, with payment expected by November 26, 2026. The company will deduct Tax Deducted at Source (TDS) on dividend payouts as per applicable rates, depending on shareholder residency and submitted documentation. Shareholders are advised to submit necessary documents to Alankit Assignment Limited or the company by November 3, 2026, to avoid higher TDS rates. Updates on TDS and dividend payment procedures are available on the company's website.